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Repackaging Poor Decisions

An ethanol plantI wrote earlier about ethanol (here, here and here) and how it is still not feasible to produce it without subsidies. To put it in other terms, it cannot hold its own in the marketplace.

With that context, we have the following:

Debuting in early May of this year, the South Dakota ethanol blender pump program has grown to 34 stations across the state. According to the Ethanol Promotion and Information Council (EPIC), 45 stations have filed applications to receive grants to install these blender pumps which give flexible fuel vehicle owners the choice of filling up with E20, E30, E40 or E85.

Let me get this straight, we are not earning any money on ethanol for fuel (once we take out the subsidies) but we are going to make up for that in volume.

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